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2:008 Faculty Post-Retirement Program

 

Austin Peay State
University
Faculty Post-Retirement Program (FPRP)


POLICIES
Issued:  March 25, 2017

Responsible Official:  Provost and Vice President for Academic Affairs

Responsible Office:  Academic Affairs
 

 


Policy Statement


Austin Peay State University values the knowledge and service of senior faculty members and supports the opportunity for retired faculty to continue sharing their wisdom and talents with students and junior faculty.


Purpose


Austin Peay's commitment to post retirement must be considered in relationship to the resources of the academic unit and to the University as a whole.  As departments continue to benefit from the service of retired faculty, they must meet the current and future demands of the department for instruction, advisement, scholarship, and service.


Procedures


Austin Peay State University will continue to provide opportunity for eligible faculty to participate in the Faculty Post-Retirement Program (FPRP), subject to APSU Board of Trustees approval of the program.

Based on anticipated funding levels, departments may hire eligible retired faculty up to four years for a minimum of 20% (6 credit hours or the equivalent) to a maximum of 50% (15 credit hours or the equivalent) of their base salary per year for instructional responsibilities.

All faculty will be eligible to apply for post-retirement teaching for 20%-30% of their base pay.  To be eligible to apply for over 30% of their base pay, the amount saved must be sufficient to hire a new faculty member for the University.  Because beginning teaching salaries vary within the University, amounts for post- retirement eligibility also will vary.  No faculty will be approved for more than 50% of their base pay. 

Appointments for non-instructional responsibilities will be considered on an exceptional basis, depending on the retiring faculty member's unique capabilities and departmental needs. Exceptions must be supported by the Provost and Vice President for Academic Affairs and approved by the President.


Revision Dates


APSU Policy 2:008 – Rev.: March 25, 2017
APSU Policy 2:008 – Rev.: February 2, 2001
APSU Policy 2:008 – Issued: May 18, 1999


Subject Areas:

Academic Finance General Human
Resources 
Information
Technology 
Student
Affairs 
X          

 


Approved


President: signature on file